BNP.PA vs. MELI
BNP.PA (BNP Paribas SA) and MELI (MercadoLibre, Inc.) are both stocks. BNP.PA operates in Banks - Regional (Financial Services), while MELI operates in Internet Retail (Consumer Cyclical). Over the past 10 years, BNP.PA returned 14.74%/yr vs 27.68%/yr for MELI. At a 0.21 correlation, their price movements are largely independent.
Performance
BNP.PA vs. MELI - Performance Comparison
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Different Trading Currencies
BNP.PA is traded in EUR, while MELI is traded in USD. To make them comparable, the MELI values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, BNP.PA achieves a 23.23% return, which is significantly higher than MELI's -19.87% return. Over the past 10 years, BNP.PA has underperformed MELI with an annualized return of 14.74%, while MELI has yielded a comparatively higher 27.68% annualized return.
BNP.PA
- 1D
- 5.17%
- 1M
- 8.18%
- YTD
- 23.23%
- 6M
- 27.49%
- 1Y
- 36.77%
- 3Y*
- 27.31%
- 5Y*
- 19.64%
- 10Y*
- 14.74%
MELI
- 1D
- -1.19%
- 1M
- -0.23%
- YTD
- -19.87%
- 6M
- -19.98%
- 1Y
- -33.08%
- 3Y*
- 7.02%
- 5Y*
- 3.62%
- 10Y*
- 27.68%
BNP.PA vs. MELI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 23.23% | 50.14% | 0.99% | 25.73% | -5.95% | 47.86% | -18.40% | 43.64% | -33.06% | 7.17% |
MELI MercadoLibre, Inc. | -19.87% | 4.40% | 15.34% | 80.14% | -33.35% | -13.49% | 168.76% | 99.71% | -2.56% | 77.17% |
Correlation
The correlation between BNP.PA and MELI is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | 0.21 |
The correlation between BNP.PA and MELI shifts across timeframes, from 0.08 (3 years) to 0.21 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BNP.PA vs. MELI — Risk / Return Rank
BNP.PA
MELI
BNP.PA vs. MELI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas SA (BNP.PA) and MercadoLibre, Inc. (MELI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BNP.PA | MELI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.03 | ||
| Sortino ratioReturn per unit of downside risk | +2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 0.86 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | -0.81 | +2.56 |
| Martin ratioReturn relative to average drawdown | 4.48 | -1.45 | +5.93 |
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Drawdowns
BNP.PA vs. MELI - Drawdown Comparison
The maximum BNP.PA drawdown since its inception was -75.39%, smaller than the maximum MELI drawdown of -87.58%. Use the drawdown chart below to compare losses from any high point for BNP.PA and MELI.
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Drawdown Indicators
| BNP.PA | MELI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.39% | -87.58% | +12.19% |
Max Drawdown (1Y)Largest decline over 1 year | -19.50% | -40.42% | +20.92% |
Max Drawdown (3Y)Largest decline over 3 years | -21.82% | -42.93% | +21.11% |
Max Drawdown (5Y)Largest decline over 5 years | -34.10% | -64.82% | +30.72% |
Max Drawdown (10Y)Largest decline over 10 years | -59.43% | -64.82% | +5.39% |
Current DrawdownCurrent decline from peak | 0.00% | -40.66% | +40.66% |
Average DrawdownAverage peak-to-trough decline | -23.60% | -21.75% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.66% | 22.62% | -14.96% |
Volatility
BNP.PA vs. MELI - Volatility Comparison
The current volatility for BNP Paribas SA (BNP.PA) is 7.86%, while MercadoLibre, Inc. (MELI) has a volatility of 9.65%. This indicates that BNP.PA experiences smaller price fluctuations and is considered to be less risky than MELI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BNP.PA | MELI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 9.65% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 21.27% | 29.30% | -8.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.55% | 39.41% | -10.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.50% | 48.74% | -20.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.19% | 48.54% | -17.35% |
Dividends
BNP.PA vs. MELI - Dividend Comparison
BNP.PA's dividend yield for the trailing twelve months is around 5.34%, while MELI has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BNP.PA BNP Paribas SA | 5.34% | 9.13% | 7.77% | 6.23% | 6.89% | 4.38% | 0.00% | 5.72% | 7.65% | 4.34% | 3.82% | 2.87% |
MELI MercadoLibre, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.38% | 0.36% |
Financials
BNP.PA vs. MELI - Financials Comparison
This section allows you to compare key financial metrics between BNP Paribas SA and MercadoLibre, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BNP.PA and MELI have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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